§ 693B.010 Definitions
§ 693B.020 Adoption of bylaws for emergency: Procedure; provisions; approval
§ 693B.030 Change of location of principal office; notice to Commissioner
§ 693B.040 Board meetings: Call; notice
§ 693B.050 Emergency board of directors: Numbers; authorized action
§ 693B.060 Emergency board of directors: Powers
§ 693B.070 Commissioner required to be notified of meetings of emergency board of directors
§ 693B.080 Acting directors: Qualifications; oaths not required
§ 693B.090 Acting directors: Powers; compensation
§ 693B.100 Acting officers: Powers, duties and compensation
§ 693B.110 Designation of acting directors by Commissioner
§ 693B.120 Commissioner authorized to resolve controversy concerning actions of emergency board of directors
§ 693B.130 Commissioner authorized to declare certain provisions of law operative and inoperative; powers of companies, officers and directors
§ 693B.140 Commissioner authorized to take possession of business and property of organizations
§ 693B.150 Commissioner authorized to exercise powers only if court not available to make necessary orders; regulations, directives and orders of Commissioner
§ 693B.160 Presumption of acute emergency; powers of board or emergency board of directors
§ 693B.170 Effect of chapter on organization’s power and on foreign and alien companies

Terms Used In Nevada Revised Statutes > Chapter 693B - Continuity of Management During Emergency Resulting From Attack

  • Acting Director: means an acting Director elected or appointed in accordance with this chapter. See Nevada Revised Statutes 693B.010
  • Acting officer: means an acting officer appointed in accordance with this chapter. See Nevada Revised Statutes 693B.010
  • Acute emergency: means a period in which, by reason of loss of life, epidemic disease, destruction or damage of property, contamination of property by radiological, chemical or bacteriological means, or disruption of the means of transportation and communication, resulting from an attack, it is impossible or impracticable for the business of insurance in this state to be conducted in strict accord with the provisions of law or charters applicable thereto. See Nevada Revised Statutes 693B.010
  • Allegation: something that someone says happened.
  • Attack: means any attack, actual or imminent, or series of attacks by an enemy or a foreign nation upon the United States of America causing, or which may cause, substantial damage or injury to civilian property or persons in the United States in any manner by sabotage or by the use of bombs, shellfire, or atomic, radiological, chemical, bacteriological or biological means or other weapons or processes. See Nevada Revised Statutes 693B.010
  • Board: means the board of directors, board of trustees, committee or similar body having control of the affairs of an organization. See Nevada Revised Statutes 693B.010
  • Charter: means the certificate of organization or incorporation of an organization together with its bylaws, or the agreement establishing a fund or association together with its constitution and bylaws. See Nevada Revised Statutes 693B.010
  • Commissioner: means the Commissioner of Insurance or other person designated to exercise the powers of that office during an acute emergency. See Nevada Revised Statutes 693B.010
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • county: includes Carson City. See Nevada Revised Statutes 0.033
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Director: means a director, trustee or member of a board. See Nevada Revised Statutes 693B.010
  • Domestic organization: means any organization which is domiciled in this state, including, insofar as the provisions of this chapter may appropriately apply thereto, any welfare or pension fund or United States branch of an alien insurer. See Nevada Revised Statutes 693B.010
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • mortgage: includes a deed of trust. See Nevada Revised Statutes 0.037
  • Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
  • Oath: A promise to tell the truth.
  • Officer: means an officer of a domestic organization. See Nevada Revised Statutes 693B.010
  • Organization: means any insurer, rating organization, service or advisory organization, joint underwriting association or other organization which is subject, in whole or in part, to the insurance laws of this state. See Nevada Revised Statutes 693B.010
  • person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
  • Personal property: All property that is not real property.
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Trustee: A person or institution holding and administering property in trust.